Mattioli Woods’ (MTW) Buy Rating Reiterated at Canaccord Genuity

Mattioli Woods (LON:MTW)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity in a research note issued to investors on Tuesday. They presently have a GBX 860 ($12.06) target price on the stock. Canaccord Genuity’s price objective indicates a potential upside of 14.51% from the company’s previous close.

A number of other analysts have also commented on MTW. Canaccord Genuity Group reaffirmed a “hold” rating and issued a GBX 840 ($11.78) price target on shares of Mattioli Woods in a research note on Friday, November 3rd. Shore Capital reaffirmed a “hold” rating on shares of Mattioli Woods in a research note on Monday, January 8th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 821.25 ($11.52).

Mattioli Woods (LON:MTW) traded down GBX 26.50 ($0.37) during trading hours on Tuesday, hitting GBX 751 ($10.53). The stock had a trading volume of 10,431 shares, compared to its average volume of 3,780. The stock has a market capitalization of $192.45 and a price-to-earnings ratio of 3,004.00. Mattioli Woods has a 52-week low of GBX 750 ($10.52) and a 52-week high of GBX 872 ($12.23).

Mattioli Woods (LON:MTW) last announced its quarterly earnings results on Tuesday, February 6th. The company reported GBX 19.20 ($0.27) EPS for the quarter, missing analysts’ consensus estimates of GBX 20.60 ($0.29) by GBX (1.40) (($0.02)). Mattioli Woods had a return on equity of 9.67% and a net margin of 12.95%. The business had revenue of GBX 2,843 million during the quarter.

In other news, insider Ian Thomas Mattioli acquired 63,080 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was acquired at an average price of GBX 793 ($11.12) per share, for a total transaction of £500,224.40 ($701,380.26). Also, insider Nathan James McLean Imlach sold 21,231 shares of the stock in a transaction on Monday, November 13th. The stock was sold at an average price of GBX 794 ($11.13), for a total value of £168,574.14 ($236,363.07).

ILLEGAL ACTIVITY WARNING: This piece was posted by American Banking News and is owned by of American Banking News. If you are reading this piece on another website, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The original version of this piece can be read at

About Mattioli Woods

Mattioli Woods plc is engaged in providing pensions consultancy and administration services primarily to owner-managers, senior executives and professional persons in the United Kingdom. It offers a range of services namely wealth management, employee benefits and intermediary services. Wealth management services include: financial planning, which provide wealth building and trust planning; investments, which include portfolio management, structured products and individual savings account (ISA); pension, which provide self-invested personnel pension and small Self-Administered Scheme(SSAS); property, which includes real estate investment trust (REIT), mortgage advice and legal services, and Protection, which includes life insurance and income protection.

Analyst Recommendations for Mattioli Woods (LON:MTW)

Receive News & Ratings for Mattioli Woods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mattioli Woods and related companies with's FREE daily email newsletter.

Leave a Reply